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O’Melveny’s Representation of Former Basin Water CFO in Civil Fraud Trial Noted in Law360

November 11, 2013 On November 7, 2013, Law360 published an article, titled “Water Purifier Co. Execs Ran $9M Investor Scam, SEC Says,” which notes O’Melveny & Myers’ representation of Basin Water Inc.’s CFO Thomas Tekulve in a civil fraud bench trial for his alleged participation in an insider trading scam.  According to the report, the case stems from claims that Tekulve, along with former CEO Peter Jensen, was involved in distributing inflated and inaccurate financial statements to the public.

Tekulve is represented by Los Angeles partners Seth Aronson, who is a member of the Securities Litigation Practice, and Carolyn Kubota, who is a member of the Business Trial and Litigation and White Collar Defense and Corporate Investigations Practices, as well as Los Angeles associate Alec Johnson, who is a member of the Firm’s Securities Litigation practice.